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Politics : PRESIDENT GEORGE W. BUSH

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To: DizzyG who wrote (617321)9/3/2004 11:52:20 AM
From: bentway  Read Replies (1) of 769670
 
Sure Diz, glad to educate you...

ocnus.net

"We need faster job growth, to provide more people with income from work. Just to keep even with population growth, we need to add 140,000 to 150,000 jobs every month. To absorb new workers and to put the unemployed back in jobs, we ought to create at least 250,000 to 300,000 jobs each month.

Faster job growth would benefit those already with jobs. As slack in the job market has increased over the last several years, wage growth has slowed. A year ago, wages were rising at a 3-percent pace, but in the last year they’ve risen less than 2 percent. Meanwhile, inflation has gone the other way, picking up from about 2 percent to 3 percent. Consequently, inflation-adjusted hourly pay, which had been rising, has fallen about 1 percent in the past year."

Bush's job creation record totally sucks.
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